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Non-market environmental valuation (NMEV) is undergoing a period of increased growth in both application and development as a result of increasing recognition of the role of economics in environmental policy issues. Against this backdrop, The International Handbook on Non-Market Environmental Valuation brings together world leaders in the field to advance the development and application of NMEV as a tool for policy-making. The expert contributors provide insights into the state of the art across the spectrum of both revealed and stated preference methods and highlight new directions being taken. A sequence of topical applications demonstrate various techniques and illustrate what can be achieved using NMEV: deliberately diverse case studies are drawn from Europe, North America, Asia and Australia with valuation targets ranging across use and non-use values of the environment. A number of reviews of cutting-edge issues are also presented.

Discusses Australia's policy of exclusive public ownership and management of national parks, concerns regarding privatization, and various options involving private ownership and/or management that would enable protected areas to benefit from competitive private supply and ensure ecological integrity.

Advancing the incorporation of equity preferences in policy analysis, this book demonstrates the application of choice modelling to the estimation of distributional weights suitable for inclusion in a cost–benefit analytical framework. A platform for discussion of the challenges and opportunities of this approach is presented in the form of a detailed case study designed to estimate community preferences for different intergenerational distributions. While the case study is focused on natural resource management and environmental policy, the conceptual and methodological advances illustrated by the authors are relevant and applicable to a wider array of policy deliberations.

Valuing Climate Change Mitigation discusses the role of uncertainty in valuing the benefits of climate change mitigation policies using contingent valuation and choice experiment techniques. It treats climate change using three dimensions of uncertainty: scenario, policy and preference. Conceptual frameworks are advanced to account simultaneously for these various dimensions of uncertainty. The authors then explore the impact of introducing these uncertainties into benefit estimates for the Australian Carbon Pollution Reduction Scheme. -- 'Written in a clear and mostly nontechnical manner, while offering the right amount of details, this book would be certainly useful to academics and practitioners aiming at understanding peoples' attitudes towards different climate change mitigation options. Ultimately, different sources of uncertainty are important not only for climate change policies, but also for many other environmental issues. This book provides a useful road map, together with numerous practical details, that would be very helpful for anybody wanting to encompass uncertainty in SP surveys.' (Carlo Fezzi, Journal of Economic Literature Reviews).

Overgrazing is widely accepted to be the main driver of grassland degradation. However, policies designed to reduce overgrazing are poorly understood in terms of their political acceptability and their effectiveness in improving the sustainability of grassland management. This study was conducted to explore herders' preferences across a range of policies aimed at reducing stocking rates and how those policies impact on their stocking rate decisions. Choice Modelling and Contingent Behavior methods were used in a survey distributed to a sample of Inner Mongolian herders. It was found that while increasing the extent of loan payments and subsidies were popular amongst the herder respondents; these policy options are predicted to have no significant effect on stocking rates. In contrast, less preferred policies such as increasing the probability of being caught exceeding stocking rate limits and increasing the financial penalties associated with such breaches would be effective in reducing grazing pressure. Only the policy of increasing pension payments was shown to be both popular amongst respondents and effective in reducing stocking rates. The results from this research provide useful information to policy makers in their consideration of new policy initiatives. ; Support from the Australian Centre for International Agricultural Research (ADP/2012/107); National Natural Science Foundation of China (71403272, 71774162); Natural Science Foundation of Inner Mongolia (2018MS07007) and Basic Scientific Research Expenses Supporting Programs for National Public Scientific Research Institute (1610332018021, y2019GH18, Y2019ZK01) is gratefully acknowledged.